Market sentiment is cautious, which experts believe is the calm before the storm. Top crypto projects like Ripple (XRP) and Chainlink (LINK) are on course for their next jump, making them altcoins to watch.
Meanwhile, DTX Exchange (DTX), a new project at the intersection of TradFi and DeFi, has been tipped to be this year’s breakout star. Its potential transformation of the global trading landscape by bridging the gap between crypto and traditional finance makes it a new token to keep on the radar.
DTX Exchange (DTX): 2024’s Biggest Breakout Star?
DTX Exchange (DTX) is a new altcoin with markings of the next big thing. It aims to solve key challenges faced by traders and conventional trading platforms, which sets it up for adoption. And with adoption comes massive growth—a new DeFi project to watch out for.
It takes a unique approach by standing at the crossroads between centralized and decentralized exchanges. This offers the best of both worlds, effectively addressing critical issues in the $3.2 billion global trading market.
Further, by enabling the trading of diverse assets across TradFi and DeFi, including stocks, bonds, equities, forex, cryptos and more, it is primed for adoption. Meanwhile, in the third round of the presale, it offers a good entry point.
A token costs just $0.06, which will rise to $0.08 in the fourth round. As it sails toward adoption, a 100x upswing is projected post-launch, placing it on the list of best coins to invest in—perhaps 2024’s biggest breakout star.
Ripple (XRP): Eyes on $1.5
Ripple (XRP), a Layer-1 token focusing on cross-border payments and transactions, is a top player in the crypto scene. While it hasn’t been smooth sailing this year, riddled with regulatory uncertainties, it is fully back on track.
The final verdict from Judge Analisa ended the years-long legal tussle between Ripple and the SEC. That is if the regulator doesn’t appeal, which looks less likely each passing day. The XRP price touched $0.6 earlier this month and has been consolidating since then, poised for another run.
Stirring excitement is this XRP price prediction, hinting at a rally past $1.5 in the coming weeks. An overall market bounce and growing demand for the XRP coin will be crucial to its ascent. With huge gains up for grabs, it is an altcoin worth watching.
Chainlink (LINK): Targets $20 Next
Chainlink (LINK) is a decentralized Oracle network that allows blockchains to interact with external data feeds. This provides smart contracts with critical off-chain information, contributing to the huge demand for the LINK token. Its rapidly growing community is another layer of its appeal.
In recent Chainlink news, the altcoin has been listed on Hashkey Exchange, now available to retail investors in Hong Kong. Alongside Avalanche, it is the first of two crypto pairs offered beyond Bitcoin and Ethereum.
The above represents a vote of confidence in LINK—a catalyst for a price jump. The Chainlink price is above $11, on track for a rally above $20. Inching closer to its all-time high of $52, it is more than just an altcoin to watch; it is a token to bet on.
Conclusion
While Chainlink and XRP gear up for another jump, DTX Exchange is set to be this year’s biggest breakout star. Its unique approach as a hybrid trading platform suggests imminent adoption and explosive growth, making it one of the best new cryptos to invest in.
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